Legrand Electric Limited acquires Jontek Limited
Payne Hicks Beach advised Legrand Electric Limited (“Legrand”), part of the Legrand global electrical manufacturing group, on its acquisition of Stockport based Jontek Limited (“Jontek”)
Jontek is a developer and provider of monitoring software and response centres for assisted living facilities and has been at the forefront in that sector for more than 20 years. For Legrand, it is an ideal complement to the business of Tynetech Limited which it acquired in July 2013, and which supplies at-home alarm systems and assisted living call systems.
The Payne Hicks Beach team included Corporate Partner Jonathan Gatward, Corporate Solicitor Marcia Peterson, Employment Associate Chris Weaver and Property Associate Marisa Beccarelli. Gorvins Solicitors acted for the sellers.